DSAD.com: A look at the final auction prices, closeouts and more from the domain auction list posted on August 4, 2020. If there is an asterisk (*) next to a price, it means that the name was at auction from a private seller (rather than an expiring name) and may have had a reserve. I’m only showing where the price was wh… Domaining.com
DSAD.com: I mentioned it on Twitter yesterday but I will lead with it again here today. Travis and I sold NIQ. com through Brandbucket. Yes Brandbucket. Many people don’t realize it but Brandbucket does have some big dollar names and they do well with them. We are proof. Brandbucket doesn’t allow us to tell the exact price as its a… Domaining.com
AbdulBasit.com: Hello everyone, It’s been a great year in terms of getting lot of surprises. Some in a good way and some not so good… The last couple of months before July were absolutely great and full of surprises and July was no doubt was another unexpected month but in a different way which I never […] No related posts. Domaining.com
You have just four days left to access the complete Disrupt 2020 experience for the best possible price. You can save up to $ 300 with early-bird pricing, but that’s a fleeting opportunity. Get it in gear and buy the Disrupt pass of your choice before the deadline expiresAugust 7 at 11:59 p.m. (PT).
We’re celebrating 10 years of Disrupt, and while the need to take this milestone online changes things a bit, we’re stoked that this virtual Disrupt, which runs September 14-18, will be the largest and most accessible ever.
How has COVID-19 impacted how and where the stuff we use gets built? We’ll hear from Anker CEO Steven Yang and Chrysalis Cloud CEO/former HAX partner Kate Whitcomb to learn more about how the world of manufacturing has had to adapt in 2020 and what might lay ahead.
How to Craft your Pitch Deck for 2020
Today you might be pitching by email, audio, video, VR or IRL to all types of investors across the globe. How do you tell your story in a way that reaches the right people the right way without diverting too much time from building your company? The traditional deck of PowerPoint slides still has a place, but you need to manage many more opportunities for fundraising, too. Ann Miura-Ko (Floodgate) and Lo Toney (Plexo Capital) will talk through the latest tactics that founders are using around the world.
Little Wires Everywhere
Kerry Washington is perhaps best known for her work in Hollywood, but she’s been making a name for herself in tech over the last few years. An investor in The Wing, Community and teeth-straightening service Byte, Washington’s portfolio consists of products and services that aim to give people a voice or improve their quality of life. In this fireside chat, Washington will discuss what brought her into the tech industry, her investment strategy and the rise of streaming platforms. And, as an activist and someone who has spoken up about the lack of diversity in Hollywood, Washington will share her views on diversity, inclusion and equity in tech.
DomainGang.com: Sedo weekly: Top sale is that of Hiphi.com at $ 99,999 dollars! Welcome to the latest edition of reporting on the Sedo domain sales; this time we cover the week ending on August 3, 2020. This information has been provided by Sedo.com, sponsors of DomainGang. Please read a current notice on the listing ban of Coronavirus […] Copy… Domaining.com
Silicon Valley is struggling with a bit of an image problem. That image? Straight, white, male.
In 2018, women filled only 25% of all computing-related occupations — which is about the same percentage that we saw in the 1960s. For African-American and Hispanic populations, the representation in these fields is far below the national distribution.
And at the intersection of race and gender, the state of women in tech is even bleaker: 65% of women in computing occupations are white, 19% are Asian/Pacific Islander, only 7% are African American, and 7% are Latina.
In 2019, computer programmers are no longer high-school geeks, but meritocratic winners who wield considerable power in society. Engineers at Facebook — or more precisely, the algorithms they program — decide what news we see and what ads we get served.
(If you think that ads aren’t linked to economic opportunity, think again.)
Many formerly analog tasks — hailing a taxi, dimming the lights — now rely on code that only programmers can hope to understand fully. If women and minorities are left out of coding jobs now, that omission could have ramifications on the structure of our society for years to come.
It’s clear by now that social and environmental forces contribute to the differences in earning potential for women and minorities, and that these forces also hold the same people back from careers in STEM (Science, Technology, Engineering, and Math). What needs to be done? Let’s take a look at how to debug the diversity gap.
DreamHost Takes Inclusivity Seriously
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1. Give Every Student Access to Computer Science Classes
Early exposure to skills is crucial for securing a job in one of the best-paid and fastest-growing industries around. Yet only 35% of high schools nationwide are currently teaching computer science classes. Some schools in the U.S. are exposing young people to the basics of programming, which serves to improve their familiarity and comfort with these subjects. But to open the doors of the tech meritocracy to the underprivileged, coding needs to be taught in publicschools, as early as possible — even in elementary school.
There are a lot of barriers to this.
Because the public education system in the U.S. depends heavily on local control, it’s impossible to design and implement sweeping changes to curricula in one fell swoop. National standards like Common Core and testing-focused federal programs like No Child Left Behind often leave little room for enrichment classes or electives.
In some cases, nonprofits and businesses are stepping in to fill the gap; for instance, this year Google pledged $ 25 million to support programs that help Black and Latino students have access to computer science education. But a charity initiative here or there isn’t likely to create broad-based change.
It also won’t be enough for schools just to offer coding classes: the coding gap will only close with specific outreach to marginalized groups. There is substantial data to suggest that a learned lack of confidence can discourage minority groups from choosing certain subjects in school. And one 2016 study found that boys and girls begin school achieving in math at similar rates, with a gender gap appearing as early as third grade — this is significant, as previous research suggests that early achievement in math predicts interest and confidence in the subject in middle and high school.
Even more concerning, the study indicated that elementary school teachers perceive girls with nearly identical math scores (and classroom behavior) to be less proficient in math than boys.
This unconscious bias contributes to female students lacking confidence and performing worse in future math classes. Unless teachers work to recruit girls and minorities to coding classes and overcome their own perceptions that girls aren’t as good at math, such biases will continue to keep their numbers in the tech sector low.
Lack of access to training isn’t the only issues these groups face. In the case of underprivileged youth, for instance, a major challenge is the limited access some of these underrepresented students have to computers.
But the challenges extend beyond the physical, especially when it comes to connecting students with jobs that utilize their training. Limitations experienced in this realm — such as the absence of a professional network or an unfriendly corporate culture — can prevent any would-be software engineer or developer from thriving. Successful nonprofit coding programs will be those that succeed in the final stretch: job placement, hiring, and support during the transition.
It’s not just a lack ofcandidates in the pipeline that’s keeping representation low; it’s also a lack of retention. Support needs to continue after coders become established in their careers. At 10 to 20 years into their tech careers, 56% of women leave the field, at a quit-rate double that of men.
Why are they leaving? Onesmall study found that the most common reasons women leave tech jobs are a lack of opportunity for career growth, poor management, and the gender pay gap.Older research cites poor workplaces including few opportunities for development and training, little support for outside-of-work responsibilities, and undermining bosses.
A 2019 study published in Nature found thatnearly half of women in science leave after having their first child, compared to 23% of men. Clearly, something needs to be done to better support parents in STEM fields, particularly working mothers.
There are anumber of ways to support and retain female and minority coders, starting with simply calling out their accomplishments and good ideas. Nonprofits that encourage professional networking, likeWomen Who Code, can certainly help women find their tribe in the industry, but in the end, it will be up to tech companies themselves to enact policies to retain female talent.
The Reality of the Diversity Gap in the Tech World
The tech industry is booming, which, in theory, should mean more demand for programming labor. But with barriers to intercontinental communication quickly vanishing, more and more programming and web-design jobs based in the U.S. are being outsourced to lower-paid workers in other countries. In fact, computer programming jobs are projected to decrease by 7% over the next eight years in the U.S., even as the computer technology industry is expected to grow by 12%.
Whether computer programming serves to be an equalizer or perpetuator of inequality in the U.S. may depend on how fast minority groups can participate and get a “piece of the pie,” so to speak, before the available opportunities shrink.
The bad news is that it’s looking like underrepresented groups will still have to try twice as hard for a shot at the same jobs, which is truly unfair.
The good news is that people are more aware than ever before that the diversity gap in tech is a real problem. Ultimately, the U.S. education system will adapt, nonprofits will grow, and more female and minority students will find — and stay in — careers in computing-related tasks.
After all, diverse teams are the only way companies will keep up with the changing demands of a world where computers are not going away.
DSAD.com: A look at the final auction prices, closeouts and more from the domain auction list posted on August 3, 2020. If there is an asterisk (*) next to a price, it means that the name was at auction from a private seller (rather than an expiring name) and may have had a reserve. I’m only showing where the price was wh… Domaining.com
The Q2 2020 has witnessed unprecedented growth despite the effects of the COVID-19 pandemic and the subsequent lockdown. Though there has been a major economic downturn all over the world, the venture industry appears to be strongly resilient. The deal activity in the second quarter of this year shows that the US-based VC investors are focused on a variety of industries such as healthtech, game tech, software startups and much more.
Top deals in Dublin in Q2 2020
It’s no secret that Dublin, the Irish capital is home to some of the leading tech startups in the world. There has been a boost in the tech startup ecosystem in Ireland of late, thanks to the support from the government, aspirational entrepreneurs, and a flourishing environment. Having said that, here are the top US VC deals in Dublin in Q2 2020 as reported by Pitchbook.
Founder/s: Peter Foley Founded year: 2014 Total funding: €104 million
Irish startup LetsGetChecked is a leading direct-to-consumer at-home health testing and insights company. Back in May, the company closed €65.21 million in a Series C funding round led by HLM Venture Partners and Illumina Ventures along with participation from new investors such as CommonFund Capital, Deerfield, and Angeles Investments and existing investors such as Optum Ventures, Transformation Capital, and Qiming Venture Partners USA.
The Irish medtech startup will use the investment to scaleup activity at the CLIA certified high complexity lab in California and increase its manufacturing, supply and testing capacity for COVID-19. The company will expand supply and business operations as well as support personnel across the US and Europe with this investment.
Founder/s: Anthony Kelly, Conor O’Loughlin, Finn Hegarty Founded year: 2014 Total funding: €20.8 million
Gym management software Glofox has announced additional funding of €9.2 million, which takes its Series A funding to €18.4 million. The round was led by Octopus Ventures along with participation from Notion Capital, Silicon Valley Bank, Partech, and Tribal VC. This new investment will be used to let fitness businesses operate remotely and fulfil their customer fitness requirements online during the pandemic crisis. Also, Glofox will be able to thrive in the fitness industry with a strong digital presence.
Besides the investment, Glofox launched a new platform that lets gyms and fitness studios deliver both live streaming as well as premium on-demand content. The gym management software helps entrepreneurs in the fitness industry build successful businesses and enhance the health of people all over the world. The platform enables gym and studio owners deliver content and manage memberships, bookings, scheduling, payments, etc.
Founder/s: Dmitry Vysotski, Konstantin Chernysh, Vol Pigrukh Founded year: 2010 Total funding: €35.4 million
Profitero is a leading global enterprise e-commerce SaaS analytics platform based in Ireland. The company secured €18.33 million Series B funding round led by Scaleworks along with participation from Conviction Capital. The company will use the fresh funds to expand its business reach. This platform is used by Adidas, General Mills, L’Oreal and 4,000 other brands to accelerate their e-commerce sales.
Profitero’s proprietary technology estimates daily sales for products that are sold on Amazon and lets brands measure market share growth as well as opportunities for future investment. It is the first such platform in the industry to integrate Amazon sales and share metrics along with digital shelf analytics s that brands can quickly know the factors that will result in more sales.
Founder/s: Shane Curran Founded year: 2018 Total funding: €17.5 million
evervault, a Dublin-based internet infrastructure startup closed a Series A funding round of €14.72 million led by Index Ventures along with existing partners such as Sequoia Capital, Frontline Ventures, and Kleiner Perkins. The other participants of the investment round include angel investors such as Dylan Field (Figma CEO), Kevin Hartz (Eventbrite co-founder), Olivier Pomel (Datadog CEO), and Alex Stamos (Facebook CSO).
The new funding will let evervault expand its team and empower developers to solve data privacy with ease. It believes that data privacy is a fundamental human right and operates with the mission to provide data privacy for everyone. Evervault is building the API for data privacy and its empowers developers to process highly sensitive data in a better and new way that is simple, scalable, and privacy-centric.
Founder/s: Ben Harris, Jack Phelan, Jonny McCauley, Tim Redfern Founded year: 2012 Total funding: €22.7 million
Drop, a smart kitchen platform, which operates with the objective to unify the fragmented cooking experience has raised €12 million in a Series A funding round. This investment comes from Alpha Edison, Richmond Global Ventures, Alsop Louie Partners, Morpheus Ventures, ACT Venture Capital, and Digital Irish Angels.
Drop provides a platform to connect appliance manufacturers, gorcers, and recipe publishers to home cooks. The company focused on hardware develops a connected kitchen scale sold via Apple Stores. Drop teams up with several appliance makers such as GE Appliances, Electrolux, Kenwood, and Bosch to integrate recipes with kitchen equipment.
Founder/s: Fionn Lahart, Christoph Hennersperger Founded year: 2017 Total funding: €11 million
Irish medical device startup OneProjects specialises in cardiac imaging innovations. In a recent move, the Irish medtech startup has raised €11 million Series A funding led by LSP, an investment from LSP Health Economics Fund 2 along with participation from Atlantic Bridge University Fund, Enterprise Ireland, and a slew of medtech entrepreneurs. This investment will help OneProjects expand its team in Dublin and Munich and advance its product development.
The innovative medtech company develops next-generation connected intra-vascular medical devices. The AI-powered devices are touted to treat cardiac arrhythmia. While this company is headquartered in Dublin, a majority of its R&D activities happen in Munich.
Founder/s: Jason Keogh Founded year: 2002 Total funding: €9.1 million
Irish software start iQuate bagged €9.18 million to fund a merger with Hypergrid, a Silicon Valley cloud management expert. These tech companies have joined to form CloudSphere that will focus on helping businesses to operate in the cloud environment. The investment round was led by Atlantic Bridge Capital along with private investors that backed iQuate earlier.
Iquate offers users with enterprise software analysis and discovery services. The platform lets users see through data centre complexity and helps them manage and optimise their IT assets to drive cost efficiencies and savings.
Founder/s: Artavazd Sokhikyan, Devan Hughes Founded year: 2015 Total funding: €10.7 million
Buymie, an Irish online grocery delivery startup provides same-day grocery delivery. In June this year, the company announced that it has bagged €8 million funding led by Wheatsheaf Group along with existing investors including Act Venture Capital, Haatch Ventures, HBAN, and Sure Valley Ventures and other notable investors. The same-day grocery delivery startup will use this investment to accelerate its expansion in Ireland and the UK.
Buymie works with the mission to minimise the environmental impact caused by grocery shopping. Buymie has signed a deal with Lidl Ireland in an attempt to rollout its services across all major cities in Ireland.
Founder/s: Patricia Scanlon Founded year: 2013 Total funding: €12.1 million
Irish startup SoapBox Labs that develops speech recognition technology capable of modelling distinctive voice and speech behaviours of kids has secured €5.8 million series A funding from Adria, Elkstone Capital, and a slew of unnamed private investors. The startup will use the investment to capitalise on its strengths while global market opportunities are opening up in the industry.
SoapBox Labs’ tech is referred to as ‘Siri for kids’ and is used in many tech applications, robotics, games, and smart toys. The company has developed a child-specific speech tech that creates age-appropriate, accurate, and safe voice-enabled experiences for children.
Founder/s: Brian Kaiser, Lisa Newon George, Travis George Founded year: 2017 Total funding: €6.3 million
Vela Games is an Irish game development studio that strives to create service-based games for gaming enthusiasts and delivers genre-defining experiences. In a recent move, the company secured a seed funding round of €2.82 million from a new investor Lvp along with existing partners IIU. The fund will be used to continue the development of MOCO, which will let multiplayer games to reach new heights.
The independent game development studio creates engaging and cooperative games that keeps players first. The team comprises industry veterans and works with the mission to reinvent multiplayer games with cooperative experiences.
I wanted to write an essay about Microsoft and TikTok today, because I was effectively a full-time reporter covering the software giant when it hired Satya Nadella in 2014. But, everyone else has already done that and, frankly, there’s a more pressing financial topic for us to parse.
Let’s take a minute to take stock of SPAC (special purpose acquisition companies) which have risen sharply to fresh prominence in recent months. Also known as blank-check companies, SPACS are firms that are sent public with a bunch of cash and the reputation of their backers. Then, they combine with a private company, effectively allowing yet-private firms to go public with far less hassle than with a traditional IPO.
And less scrutiny, which is why historically SPACs haven’t been the path forward for companies of the highest-quality; a look at the historical data doesn’t paint a great picture of post-IPO performance.
But that historical stigma isn’t stopping a flow of SPACs taking private companies public this year. A host of SPACs have already happened, something we should have remarked on more in Q1 and Q2.
Still, better late than never. This morning, let’s peek at two new pieces of SPAC news: electric truck company Lordstown Motors merging with a SPAC to go public, and fintech company Paya going public via FinTech III, another SPAC.
We’ll see that in hot sectors there’s ample capital hunting for deals of any stripe. How the boom in alt-liquidity will fare long-term isn’t clear, but what is plain today is that where caution is lacking, yield-hunting is more than willing to step in.
Electric vehicles as SPAC nirvana
The boom in the value of Tesla shares has lifted all electric vehicle (EV) boats. The value of historically-struggling public EV companies like NIO have come back, and private companies in the space have been hot for SPACs as a way to go public in a hurry and cash in on investor interest.